Technical Analysis (Silver) : XAG/USD 25 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 25 September 2020

Pivot point : 22.7000

Our preference : long positions above 22.7000 with targets at 23.6000 & 23.9000 in extension.

Alternative scenario : below 22.7000 look for further downside with 22.4000 & 22.0000 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

24.4500 **
23.9000 *
23.6000
23.2100 – Last price
22.7000
22.4000 *
22.0000 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.